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Beijing Bewinner Communications Co., Ltd. Class A

Beijing Bewinner Communications Co., Ltd. Class A

SSZSE:002148
5.99
CNY
+0.09
(+1.53%)
0.00EPS
829.27P/E
3.25BMarket Cap
Beijing Bewinner Communications Co., Ltd. Class A
SZSE:002148
(Shenzhen Stock Exchange)

Recent

price

5.99

P/E

ratio

829.27

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.45
0.46
0.45
0.57
0.41
0.32
0.71
1.05
0.39
0.3
0.31
0.39
0.41
0.46
0.54
0.68
0.7
Revenue per Share
0.1
0.02
0.09
0.11
0.03
-0.03
0.14
0.24
0.07
-0.05
0.03
0.1
0.03
0.04
0.05
-0.01
0.01
Basic EPS, GAAP
0.02
-0.02
-0.1
-0.12
-0.31
-0.17
0.07
0.3
0.04
-0.01
0.01
0.05
0.08
0.07
-0.03
-0.04
- -
Free Cash Flow per Basic Share
0.03
0.02
0.01
0.02
0.03
- -
- -
0.05
0.08
0.02
- -
0.01
0.03
0.01
0.02
0.02
- -
Dividend per Share
0.85
0.91
1
1.09
1.82
1.79
1.94
2.12
2.03
1.96
1.99
2.06
2.13
2.18
2.19
2.18
2.2
Book Value per Share
0.84
0.89
0.98
1.06
1.8
1.78
1.93
2.12
2.03
1.96
1.98
2.05
2.12
2.17
2.18
2.17
2.19
Tangible Book Value per Share
499
513
504
495
560
600
559
540
596
567
518
559
566
572
524
561
558
Basic Weighted Avg Shares
226
238
225
281
228
194
394
570
233
172
162
218
234
265
282
382
393
Sales/Revenue/Turnover
20.52
3.38
16.3
20.32
-0.89
-21.86
19.72
22.71
10.33
-13.81
-1.51
10.75
6.06
6.23
4.26
-3.92
-0.45
Operating Margin (%)
4
4
4
5
7
7
14
14
14
14
14
14
14
15
15
14
- -
Depreciation Expense
48
12
46
56
15
-19
79
130
42
-28
16
56
17
23
26
-6
4
Net Income, GAAP
9.91
29.72
6.39
16.15
8.81
- -
10.86
19.12
3.9
- -
11.2
12.01
18.07
13.62
10.55
- -
17.48
Effective Tax Rate (%)
21.09
4.89
20.36
20.02
6.7
-9.86
19.99
22.76
17.92
-16.45
9.61
25.62
7.26
8.62
9.3
-1.47
1
Profit Margin (%)
340
336
294
223
467
379
480
588
579
561
581
569
569
606
563
571
499
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
1
1
LT Debt
426
455
497
542
1,032
1,015
1,112
1,222
1,173
1,125
1,138
1,180
1,195
1,224
1,238
1,225
1,240
Total Equity
11.62
2.65
8.41
10.39
1.6
- -
7.35
11.02
2.96
- -
1.16
4.46
1.42
2.05
2.27
- -
0.19
Return on Invested Capital (%)
11.12
2.17
9.02
10.19
1.36
- -
7.19
11.01
3.54
- -
1.61
4.54
1.41
1.59
2
- -
0.44
Return on Capital (%)
11.64
2.65
9.63
10.84
1.95
-1.87
7.5
11.31
3.54
-2.51
1.39
4.86
1.43
1.9
2.14
-0.46
0.32
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
559
559
559
Market Capitalization
4,975
4,176
3,246

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
685
692
595
Cash, Cash Equivalents & STI
468
484
271
Accounts Receivable, Net
23
25
32
Inventories
8
5
4
Total Current Liabilities
114
120
95
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2%
1.49%
-1.12%
Free Cash Flow
-5.24%
46.67%
29.94%
Net Income, GAAP
-72.09%
23.59%
-121.43%
Sales/Revenue/Turnover
15.42%
19.46%
35.58%
Total Cash Common Dividend
- -
- -
7.31%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65
67
74
76
282
2025
93
101
- -
93
382
2026
97
102
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
0.01
0.02
0.05
2025
-0.01
0.01
- -
-0.01
-0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
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Business
Beijing Bewinner Communications Co., Ltd. (002148.SZ) operates as a provider of mobile Internet products and services principally in China, offering mobile games; virtual operator services; mobile Internet industry solutions; Internet of Things (IoT) connectivity management services across verticals including security monitoring, connected vehicles, consumer electronics, advertising media, and unmanned services; and mobile resale businesses. The company, founded in 1997 and headquartered in Beijing at Guoxing Building, maintains a high-tech enterprise status with proprietary platforms for PaaS and massive data processing, serving clients such as NIO, Beiqi Foton Motor, and Haomo Zhixing in connected vehicle applications while exploring expansions into multi-network integration, low-altitude economy, and unmanned driving scenarios. Recent developments include ongoing emphasis on IoT application growth through connection management services, accumulation of quality automotive clients, and monitoring opportunities in eSIM technologies as of mid-2025, alongside a forecast net loss of 2.65 million to 3.45 million yuan for the first half of 2025 reflecting operational challenges.